Industrial Asset Recovery Group LLC (IARG) (St. Louis, Missouri, USA) announced the liquidation of four chemical plants formerly operated by Emerald Performance Materials (Henry, Illinois, USA), which formally ceased operations in 2021. Buyers have the opportunity to acquire complete processing units and chemical operations previously used in the manufacture of antioxidants, accelerators, and specialty chemicals used in tire production and other applications in the rubber and elastomers industry.
“This is a rare opportunity to acquire intact and complete processing units for chemical manufacturing,” says Stuart Millner, president at IARG. “These chemical plants are filled with high-quality specialty equipment which can be inserted lockstep with existing operations.”
The liquidation will take place via negotiated sale and interested parties can schedule plant tours beginning January 2022. Available inventory includes specialty equipment used in accelerator processing, antioxidant processing, additives manufacturing, NaMBT & NaSH manufacturing, and a large tank farm used throughout operations at the facility.
The four plants set to be liquidated include:
Plant #1: Accelerator processing plant
This 18,000 square-foot chemical plant manufactured Cure-Rite 18, an efficient thiocarbamoyl sulfonamide rubber accelerator used in applications such as road tires, molded goods, hoses, and conveyor belts.
Plant #2: Antioxidant processing plant
This 10,000 square-foot chemical plant was used to manufacture Good-Rite 3114, a high-purity antioxidant used in agriculture films and membranes, roto-molded goods, demanding wire and cable applications, polyolefin manufacturing, and other rubber products.
Plant #3 Additives manufacturing plant
This 38,000 square-foot chemical plant was used to manufacture multiple chemical products, such as StaLite, an additive to general purpose antioxidants for elastomers; VanLube, a lubricator used as an oxidation inhibitor and metal deactivator; 9317, an amine antioxidant designed to enable high-temperature performance in synthetic lubricants; and 50% NaMBT, a solution of sodium salt used in the manufacturing of tires and similar mechanical rubber goods products.
Plant #4: NaMBT & NaSH manufacturing plant:
This 4,000 square-foot chemical plant was used to manufacturer Good-Rite NaMBT & NaSH. These chemical products are aqueous solutions used as corrosion inhibitors, chemical intermediates, binding, processing, and dyes. Primary applications include wood pulping, mining/ore processing, chemical dyes, antifreeze, coolants, refrigeration, and similar uses.
In addition, dozens of large storage tanks, ranging from 15,000- to 30,000-gallon capacities, used to capture and offload various chemical components throughout the plant processing areas at Emerald Process Materials will be liquidation. Certified riggers will be available for the removal of equipment and machinery post sale.
Interested parties can view available inventory by visiting www.industrial-recovery.com or contact Stuart Millner at smillner@industrial-recovery.com or 314-835-2812.
Source: Industrial Asset Recovery Group LLC, www.prnewswire.com.